US Dollar Index Exchange Rate
Monitor the live US Dollar Index with interactive charts and the macro, monetary policy, and global risk drivers that move the world's reserve currency benchmark.
- Currency indexAsset Class
- USDXTicker Symbol
- USDBase Currency
- Forex CFDTradable Asset
Technical Rating
How to read this rating
The gauge sums up popular indicators and moving averages into one signal for USDX, updated as prices move.
- Strong Buy — strong upward momentum.
- Buy — momentum leans up.
- Neutral — no clear direction.
- Sell — momentum leans down.
- Strong Sell — strong downward momentum.
Use it as a guide, not advice — always check the live chart and your own research before trading.
Charts, ratings, and quotes are provided by TradingView for information only. Confirm the exact tradable price in your Centrino Capital platform before placing an order.
About US Dollar Index
The US Dollar Index, commonly known as the DXY or USDX, measures the value of the US dollar against a weighted basket of six major currencies, with the euro accounting for the largest weighting at approximately 57.6%. Other constituent currencies include the Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. The index provides a broad, real-time gauge of dollar strength or weakness across the global currency market.
Because the dollar serves as the world's primary reserve currency, the USDX is closely watched by traders across asset classes, including equities, commodities, and bonds. A rising index generally indicates dollar strength, which tends to weigh on commodity prices denominated in dollars, such as gold and oil, while a falling index can support risk assets and emerging-market currencies.
The index was first established in 1973 following the collapse of the Bretton Woods fixed exchange rate system and has since become one of the most referenced benchmarks in global financial markets. Its composition has remained largely unchanged since 1999, when the euro replaced several European legacy currencies.
Key Facts
- Symbol
- USDX / DXY
- Asset class
- Currency index
- Base / Quote
- USD basket
- Pip value
- 0.01
- Trading hours
- 24h, Mon-Fri
- Tradable as
- Forex CFD
What Moves US Dollar Index
Federal Reserve Policy
Fed interest-rate decisions, forward guidance, and quantitative tightening or easing programmes are the primary drivers of the US Dollar Index.
US Economic Data
Non-farm payrolls, CPI inflation, GDP growth, and retail sales directly influence market expectations for Fed policy and therefore dollar demand.
Euro Area Conditions
Because the euro comprises the largest weight in the basket, ECB policy and eurozone economic data have an outsized influence on the index relative to other constituents.
Global Risk Sentiment
The dollar often attracts safe-haven flows during global stress; risk-off conditions typically lift the USDX, while improved risk appetite can weaken it.
US Fiscal and Trade Policy
Government spending, debt ceiling negotiations, and trade tariffs can affect long-term confidence in dollar assets, influencing the index over the medium term.
Why Trade US Dollar Index (USDX) CFDs with Centrino Capital?
Tight Spreads
Competitive spreads for cost-efficient access and improved trading potential.
Super-Fast Execution
Lightning-fast order execution with minimal slippage and no requotes.
Flexible Leverage
Trade with flexible leverage options designed to suit your individual strategy.
Markets You Can Trust
Trade on a secure and transparent platform with real market pricing.
How to Trade US Dollar Index
- 1
Open Your Account
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- 2
Fund Your Account
Choose from multiple secure deposit options.
- 3
Search US Dollar Index (USDX)
Find US Dollar Index CFDs and analyze the market.
- 4
Place Your Trade
Choose your position size and start trading.
US Dollar Index — Questions
How much is the US Dollar Index live price today?
The live US Dollar Index level is displayed in the interactive chart above and updates continuously through the trading week. The index reflects real-time dollar strength against its basket of major currencies, so check the current bid/ask on the live chart before placing a trade.
Can I trade the US Dollar Index with leverage?
Yes. Eligible clients at Centrino Capital can trade the US Dollar Index as a forex CFD with flexible leverage and transparent margin requirements. Leverage magnifies both profits and losses, and the index can move sharply around major US data releases and Fed announcements.
What currencies make up the US Dollar Index?
The USDX basket consists of six currencies: the euro (approximately 57.6% weighting), Japanese yen (13.6%), British pound (11.9%), Canadian dollar (9.1%), Swedish krona (4.2%), and Swiss franc (3.6%). The euro's dominant weighting means EUR/USD movements have the greatest single influence on the index.
Why does the US Dollar Index matter for other markets?
Because the dollar is the world's primary reserve currency and most commodities are priced in dollars, the USDX acts as a barometer for global financial conditions. A stronger dollar typically pressures commodity prices, weighs on emerging-market assets, and can tighten financial conditions globally, while a weaker dollar has broadly the opposite effect.
Do I take delivery of a currency basket when trading the US Dollar Index?
No. Trading the US Dollar Index as a CFD at Centrino Capital means you are speculating on the index level without physically holding any of the constituent currencies. You can go long if you expect the dollar to strengthen or short if you expect it to weaken.
Disclaimer
This page is for informational purposes only and does not constitute investment advice, financial guidance, or a recommendation to buy or sell US Dollar Index (USDX) or any other financial instrument. Live prices and charts are supplied by TradingView and may differ from the tradable prices in the Centrino Capital platform. Trading CFDs is leveraged and carries significant risk to your capital — you may lose more than you expect. Past performance is not indicative of future results. Please ensure you fully understand the risks and conduct your own research before trading. T&Cs apply.
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